Here is my Placitas real estate market report for the first half of 2010. There is mixed news for home sellers in Placitas, with total sales up but average sales price and average price per square foot flat and average days on the market increasing considerably.
Total sales increased from 24 in 2009 to 31 in 2010.
The average sales price stayed virtually the same at $453,366 in 2009 and $457,513 in 2010.
The average price per square foot was $164 in 2009 and 2010.
The average days on the market inreased from 163 days in 2009 to 247 days in 2010.
The increased total sales might be an indication that the beginning of a recovery for the Placitas real estate market is upon us.
Please consider making me your next Albuquerque Realtor. "I'll always keep your best interests in mind."